Payroll cycles cover how often you should pay your employees. Mike Berner, a finance writer at business.com, breaks down the most common payroll cycles and how that impacts your choice for payroll software.
Time Stamps
0:00 Introduction to payroll schedules
0:23 The most popular payroll cycles
2:02 Pricing structure for payroll software
3:10 Additional Business.com resources on payroll
Your choice of payroll software depends on how often you plan to pay your employees. Some charge per-payroll run, while others offer unlimited runs for a subscription fee. The most popular cycles are biweekly, bimonthly, monthly and weekly. If you pay less frequently, a per-payroll pricing structure might make more sense, but an unlimited payroll plan can save you money if you pay more frequently.
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Mike Berner is a finance writer for business.com.
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How Often to Pay Employees? Payroll Cycles Explained
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